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Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
S&P GSCI 2X Leveraged All Crude TR (CME:SG2LCRTR)
Countertrend Up (+85) - SG2LCRTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SG2LCRTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG2LCRTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SG2LCRTR
The long-term trend has been UP since Jan 18th, 2022 at 8.4371
The intermediate-term trend has been UP since Dec 23rd, 2021 at 6.3311
The short-term trend has been DOWN since Jan 20th, 2022 at 8.2069
Smart Scan Analysis for SG2LCRTR
Based on our trend formula, SG2LCRTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.3563 | 8.6288 | 8.2539 | 8.5560 | +0.3459 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.5560 | 0 | 2022-01-21 15:45:19 |